Charter Closes $3B Senior Secured Notes

4/19/20

Charter Communications, Inc. (NASDAQ: CHTR) today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp., have closed on $3.0 billion in aggregate principal amount of notes consisting of the following securities:

  • $1.6 billion in aggregate principal amount of senior secured notes due 2031 (the "2031 Notes"). The 2031 Notes bear interest at a rate of 2.800% per annum and were issued at a price of 99.561% of the aggregate principal amount.
  • $1.4 billion in aggregate principal amount of senior secured notes due 2051 (the "2051 Notes," and together with the 2031 Notes, the "Notes"). The 2051 Notes bear interest at a rate of 3.700% per annum and were issued at a price of 99.217% of the aggregate principal amount.


About Charter
 

Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 29 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

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